Research (Last updated: May 2011)

 

  Research Interests

 

 

Open Economy Macroeconomics
  International Trade / Finance
  Macroeconomics

  Publications

 

''Endogenous Discounting, the World Saving Glut and the U.S. Current Account,'' (with N. C. Mark and D. Sul) Journal of International Economics, 75 (1), May 2008, 30-53.

(Working paper version: NBER Working Paper, 13571, National Bureau of Economic Research, November 2007).
 

''Do Sunk Costs of Exporting Matter for Net Export Dynamics?'' (with G. Alessandria) Quarterly Journal of Economics, 122, (1), February 2007, 289-336. 

(Working paper version: Working Paper, No. 05-20, Federal Reserve Bank of Philadelphia, September 2005).

  Other Publications

 
"Understanding Exports from the Plant Up," (with G. Alessandria), Business Review, Federal Reserve Bank of Philadelphia, Q4, 2010, 1-11.

  Working Papers

 
(Working paper version: Working Paper, No. 11-19, Federal Reserve Bank of Philadelphia, April 2011).
(Old version: Working Paper, No. 07-17, Federal Reserve Bank of Philadelphia, July 2007).
''Trending Current Accounts'' (with N. C. Mark).
(Working paper version: NBER Working Paper, 15244, National Bureau of Economic Research, August 2009).
''Do Falling Iceberg Costs Explain Recent U.S. Export Growth?'' (with G. Alessandria).
(Working paper version: Working Paper, No. 10-10, Federal Reserve Bank of Philadelphia, March 2010).
''International Business Cycles under Endogenous Discounting'' (with N.C. Mark).